Vontobel Holding Ltd. Has $287,000 Position in Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA)

Vontobel Holding Ltd. increased its stake in shares of Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA) by 35.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,410 shares of the exchange traded fund’s stock after buying an additional 3,760 shares during the quarter. Vontobel Holding Ltd.’s holdings in Direxion Daily Small Cap Bear 3X Shares were worth $287,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in TZA. Tower Research Capital LLC TRC lifted its stake in Direxion Daily Small Cap Bear 3X Shares by 985.2% during the third quarter. Tower Research Capital LLC TRC now owns 26,794 shares of the exchange traded fund’s stock worth $830,000 after purchasing an additional 24,325 shares during the last quarter. CPR Investments Inc. lifted its stake in Direxion Daily Small Cap Bear 3X Shares by 12.7% during the third quarter. CPR Investments Inc. now owns 31,066 shares of the exchange traded fund’s stock worth $962,000 after purchasing an additional 3,513 shares during the last quarter. Headlands Technologies LLC bought a new stake in Direxion Daily Small Cap Bear 3X Shares during the third quarter worth $26,000. Pathstone Family Office LLC bought a new stake in Direxion Daily Small Cap Bear 3X Shares during the third quarter worth $655,000. Finally, Prosperity Wealth Management Inc. acquired a new stake in Direxion Daily Small Cap Bear 3X Shares during the 3rd quarter worth about $875,000.

Direxion Daily Small Cap Bear 3X Shares Trading Down 5.1 %

Shares of Direxion Daily Small Cap Bear 3X Shares stock opened at $19.91 on Wednesday. The business has a 50-day moving average price of $18.96 and a two-hundred day moving average price of $24.01. Direxion Daily Small Cap Bear 3X Shares has a 1-year low of $16.43 and a 1-year high of $40.22.

Direxion Daily Small Cap Bear 3X Shares Company Profile

Direxion Daily Small Cap Bear 3X Shares (the Fund) seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the Russell 2000 Index (the Small Cap Index). The Small Cap Index measures the performance of the small-cap segment of the United States equity universe and consists of the smallest 2,000 companies in the Russell 3000 Index, representing approximately 10% of the total market capitalization of the Russell 3000 Index.